Public.com is a social investing app that makes it possible to own the companies you believe in with any amount of money and commission-free trading. Are you looking to start investing?
What is Public.com?
Public investing app is a brokerage firm offering taxable brokerage accounts. You can trade stocks, fractional shares, exchange-traded funds (ETFs), and cryptocurrencies. All trades are made through the mobile app with zero commission fees. The community of investors can support Public.com’s mission with the optional tipping feature.
The Public app focuses on building your investing knowledge, fostering social interaction, and supporting long-term investing.
If you’re new to the investing journey, Public.com is great for a first-time investor. With an intuitive design, you can quickly build a stock portfolio for long-term growth.
All securities and investments are offered to self-directed customers by Open to the Public Investing, Inc, member FINRA & SIPC.
How Public.com App Works?
Public is a free app and a safer way to invest in the stock market. If you have a minimal understanding of the stock market and limited funds, then it’s an excellent option to consider. With the Public investing app, you can do the following:
- Buy and sell individual stocks, fractional shares, and exchange-traded funds (ETFs)
- Research company and evaluate stock price.
- Engage with a community of investors and experts.
- Get news alerts for the companies you invest in and follow.
You can invest in stocks and funds for as little as $5 as a stock slice. Buy them by the slice or an entire share of stock.
Please understand that all investments involve risk and the past performance of a security does not guarantee future results or returns. Investors should consider their investment objectives and risks carefully before investing.
Features & Benefits
Public.com offers a friendly and intuitive user interface.
- Trading in stocks and ETFs – Invest in common stocks and the original ETFs from Vanguard, BlackRock, and others. Mutual funds are not supported.
- Buy fractional shares – Buy “slice of stock” or ETFs with any amount of money, no matter the price per share, and in real-time.
- Public community – follow friends and expert investors, share insights, and interact with others.
- Social feeds: see what others are investing in and improve your financial literacy.
- Lives: Participate in live discussions with industry experts and business leaders.
- Group message and chats – start or join group chats to talk about companies and trends. Talk about investments with one person or up to 100. Embed dynamic charts or reference other investors directly in the conversation. Share Zoom-like links to invite other people to join your group.
- Earn free stock – Grow your portfolio by making your friends investors through a generous referral program.
Public employs Bank-Grade security with AES 128-bit encryption and TLS 1.2 to secure data in transit. The company is also a member of SIPC so all members automatically qualify for protection on up to $500,000 in your account. See SIPC for details.
- Must be at least 18 years old
- Valid Social Security Number
- Legal U.S. residential address
- Be a U.S. citizen, U.S. permanent resident, or have a valid visa
- Trading fees: $0
- Minimum Deposit: $0
Public.com does not charge commission fees but provides users a way to pay for the service by tipping with each trade. Tipping is optional.
Who is it best for?
The Public investing app is best for new investors with little knowledge. But, it’s also great for advanced traders and experts who want to share their investment experience.
Public.com is a legitimate company and not a scam. It’s a trusted commission-free brokerage app helping a community invest, engage, and learn. Public.com is rated 4.7 out of 5 stars in the App Store.
In our Public investing app review, we learned it’s a safe investing app and offers a remarkably different experience compared to Robinhood and Webull. Public.com is on a mission to create long-term investors, not stock traders. There is no day trading allowed, no margin loans, and no complex investment securities.
The mobile app, available on iOS and Android, is user-friendly and has a sleek interface.
For many, stock market investing can seem complicated. Fortunately, Public has made a seamless investment app that focuses on financial knowledge and community interaction. Although the Public community is excellent, it’s wise to be mindful of financial advice or investment ideas shared by others. Remember always to perform due diligence.
Pros and Cons
- User-friendly and intuitive interface
- No account minimums
- Fractional shares of stocks and ETFs
- Community engagement
- No website access, brokerage only accessible via mobile app.
- Limited research tools, data analysis, and charts.
How to open a Public.com account
The time needed: 3 minutes.
Step-by-Step to Public investing app
- Get started
- Create an account by clicking on the link here.
- Enter your phone number
- Download the app from the texted link.
- Submit your application
- Provide your first and last name, social security number, and address.
- Link your external bank account.
- Fund with a link bank account or debit card
How does Public.com earn money?
Public.com has shared the company makes money through interest earned from uninvested cash balances, optional tipping, and securities lending to banks, market makers, and institutional investors.
Public versus Robinhood: which is better?
Both Public and Robinhood offer easy to navigate and user-friendly investing apps. However, Public differentiates itself with a community feature that enables users to engage and learn from one another. You can create a profile and publicly show your portfolio and trades. The team is also very active in the chat. In contrast, Robinhood still lacks enhanced features but continues to be the largest investing app used by millennials.
How to Contact Public Investing App Customer Service?
Public.com does not have a telephone number listed to reach customer support. However, you can get customer support via the following:
- Use the in-app chat feature. Log into your account and select your profile income and scroll down to Help Center and send a message.
- Email directly to firstname.lastname@example.org
- Reach out on social via Twitter or Instagram
- Send snail mail to: Public, 6 Harrison Street, Floor 5, New York, NY 10013